42 Ways Musicians Make Money

If you were ever wondering as an musician if your maximizing your revenue The Future of Music site lists 42 ways you can make green. They also explain some of the differences between royalties and publishing. Take a look at the list here: link

“If you’re a musician or composer, you probably have a basic sense of the ways you can make money. Some revenue streams are simple to understand, like playing shows, or selling CDs or t-shirts. But there are many, many more ways that musicians can earn money from their compositions, performances, sound recordings, brand, or knowledge of the craft. We list 40 of them… So if you hear Patsy Cline singing “Crazy” which was written by Willie Nelson, Willie created the musical composition when he wrote down the notes and lyrics. Patsy created the sound recording when she performed Willie’s song, and it was captured on tape. As you browse the list, it’s important to keep these distinctions in mind since there are many times when different parts of the creative team are paid differently.” – futureofmusic.org

For more info: money.futureofmusic.org/40-revenue-streams

via shocklee.com

This entry was written by Oliver Chesler, posted on May 11, 2012 at 4:05 am, filed under business and tagged , , . Leave a comment or view the discussion at the permalink and follow any comments with the RSS feed for this post.